Flexible Staffing And Digital Transformation Will Shape Future Resilience

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

18 Sep 24

Updated

11 Dec 25

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-35.9%

7D

2.5%

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1Y

-35.9%

7D

2.5%

You can edit this narrative until Dec 12 6:06 PM. Then, changes will post as Updates.

Author's Valuation

US$17.6749.6% undervalued

AnalystConsensusTarget Fair Value

Shared on 11 Dec 25

KELY.A: Future Upside Will Stem From Higher-Margin Specialty Staffing Mix

Analysts have reduced their price target on Kelly Services to $16 from $25, citing weaker than expected Q2 results, a Q3 shortfall, and a soft Q4 outlook, even as they continue to view the shares as significantly undervalued relative to peers. Analyst Commentary Analysts remain divided on Kelly Services, balancing a structurally more attractive business mix with near term execution and macro headwinds.

Shared on 27 Nov 25

Fair value Decreased 26%

KELY.A: Shares Will Benefit From Shift Toward Higher-Margin Staffing Segments

Analysts have reduced their fair value estimate for Kelly Services from $24 to approximately $17.67 following recent quarterly results and a softer outlook. They cite weaker revenue growth, narrower margins, and headwinds from the macroeconomic environment as key factors for this adjustment.

Shared on 08 Nov 25

Fair value Decreased 7.69%

KELY.A: Shares Will Gain From Transformation Into Higher-Margin Staffing Solutions

Kelly Services Price Target Slightly Lowered Amid Analyst Optimism Analysts have modestly reduced their fair value target for Kelly Services from $26 to $24 per share. This adjustment reflects a blend of slower projected revenue growth, improved margin expectations, and continued conviction in the company’s strategic transformation and discount valuation.

Shared on 01 May 25

Fair value Decreased 5.28%

Shared on 23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Increased 1.67%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 0.15%

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 11 Mar 25

Fair value Decreased 0.15%

AnalystConsensusTarget has increased revenue growth from 4.2% to 5.1%, increased profit margin from 2.8% to 3.6% and decreased future PE multiple from 8.4x to 6.2x.

AnalystConsensusTarget Fair Value

US$17.67

49.6% undervalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

-0.46%

Professional Services revenue growth rate

0.22%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

8.17%

Calculation

US$160.98m

Earnings '28

x

5.00x

PE Ratio '28

=

US$805.16m

Market Cap '28

US$805.16m

Market Cap '28

/

36.73m

No. shares '28

=

US$21.92

Share Price '28

US$21.92 Share Price '28

Discounted to 2025 @ 8.18% p.a.

=

US$17.32

Fair Value '25